Engineering, Industrial Management Degree from University of Michigan – Dearborn Return on Investment

See what the return on investment is for jobs that someone with a Engineering, Industrial Management degree from University of Michigan – Dearborn is likely to work in.

F D C B A
Approximate Total Payment $89,595
Approximate Total Interest $25,358
Monthly Payment $622.19
Assumed Loan Type Direct Subsidized
Assumed Repayment Plan Standard Fixed
Assumed Payoff Years 12
Assumed Scholarship Amount $0
Assumed Down Payment $0

Top job projections for graduates in engineering, industrial management from university of michigan - dearborn

Industrial engineers

Projection Rating: A-

Median Annual Wage: $99,380

Percentage of Paycheck to Repay: 7.51%-5.59%

Employment Change: 40.9%

Entry-Level Education: Bachelor's degree

Operations research analysts

Projection Rating: A-

Median Annual Wage: $83,640

Percentage of Paycheck to Repay: 8.93%-6.64%

Employment Change: 28.3%

Entry-Level Education: Bachelor's degree

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When considering an Engineering, Industrial Management Degree from the University of Michigan – Dearborn, understanding the return on investment (ROI) is crucial. This degree equips students with the essential skills needed to navigate the complexities of industrial management while integrating engineering principles. Graduates emerge as competent leaders ready to tackle real-world challenges in various industries.

The ROI for an Engineering, Industrial Management degree is significant. With a robust curriculum that combines technical expertise with management strategies, students are well-prepared for high-demand roles in manufacturing, logistics, and operations management. According to recent surveys, alumni from the University of Michigan – Dearborn report a competitive starting salary, often exceeding industry averages.

Furthermore, the university’s strong connections with local and national employers enhance job placement opportunities, ensuring graduates can secure rewarding positions quickly. The university's career services also provide vital support, including resume workshops, interview preparation, and networking events, all of which contribute to a positive return on your educational investment.

In addition to financial benefits, pursuing this degree fosters personal growth and professional development. Students engage in hands-on projects, internships, and collaborative research, gaining practical experience that is invaluable in today’s job market. The skills acquired not only enhance employability but also prepare graduates for advancement in their careers.

Ultimately, the Engineering, Industrial Management Degree from the University of Michigan – Dearborn offers an excellent return on investment. With a blend of technical knowledge and management acumen, graduates are well-equipped to lead in various sectors while enjoying strong earning potential and career growth.

Disclaimer: The information provided is for general informational purposes only and should not be considered financial advice. Student loan situations can vary significantly based on individual circumstances, and decisions around deferment or forbearance can have lasting financial impacts. Before making any changes to your loan repayment plan, consult a qualified financial advisor or your loan servicer to understand the best options for your unique situation. This projection assumes you are taking out a Direct Subsidized loan (using the current federal interest rate) with a 12 year Standard Fixed repayment plan on the total yearly tuition (four years if Bachelor's degree, six for Master's degree and 12 for Doctorate) of your chosen institution. Our data is refreshed on a day to day basis and may not be accurate to real time. College numbers may not be 100% accurate and may not be the exact amount you will pay, it is advised that you consult a guidance counselor for that information. This software is not intended to replace a financial advisor.

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